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The corporation, with a presence in over 100 countries, is vested with all oil and gas resources in Malaysia and is entrusted with the responsibility of developing and adding value to these resources. In the annual Fortune Global 500 list for 2022, Petronas was ranked at 216th. It also ranked 48th globally in the 2020 Bentley Infrastructure 500 ...
On 8 May 2020, Petronas agreed to pay RM 2 billion in petroleum products sales tax to Sarawak with a condition that the tax will be lowered on a staggered basis in the future. Besides, both parties also agreed that the Petroleum Development Act 1974 is valid with Petronas as the sole regulator of oil and gas industry in Malaysia. [48]
He was the president and CEO of Petronas from April 2015 until 30 June 2020, [1] taking over from Tan Sri Shamsul Azhar Abbas. [6] In June 2018, Attorney General of Sarawak requested that Petronas be relieved of its authority role in the oil and gas market in the Sarawak region. [7] Zulkiflee has stated that oil and gas royalties and regulatory ...
Petronas: $49,479 51,034 State-owned multinational oil and gas company vested with the entire oil and gas resources of Malaysia and operating in 35 countries. The firm has ranked as high as 68th globally in 2015.
Oil refinery in Kerteh. Kerteh is the base of operations for Petronas in Terengganu, overseeing the oil platform operations off the state's coast as well as petrochemicals production, [1] natural gas processing [2] and crude oil refining. [3] The oil refinery began operating in March 1983 and reached full capacity by late 1983.
Malaysia LNG is a subsidiary of the Malaysian national oil and gas company Petronas, which is a majority shareholder in all three LNG Ventures (MLNG Satu, MLNG Dua and MLNG Tiga). Besides Petronas, Royal Dutch Shell, Mitsubishi, JX Nippon Oil and the Sarawak Government hold a minority stake.
Petronas Dagangan: Oil and gas 8,241 207 1,342 Kuala Lumpur 5 CIMB: Banking 7,690 1,532 33,632 Kuala Lumpur 6 YTL Corporation: Conglomerate 6,599 244 12,627 Kuala Lumpur 7 Petronas Chemicals: Chemicals 6,292 372 6,465 Kuala Lumpur 8 Genting Group: Conglomerate 5,967 205 54,000 Kuala Lumpur 9 Public Bank Berhad: Banking 5,578 1,459 19,827 Kuala ...
In September 2005, Malaysia International Shipping Corporation Berhad adopted its present corporate identity and changed its name to MISC Berhad. Its main shareholder is Petroliam Nasional Berhad , the national oil conglomerate of Malaysia. The principal business of the corporation consist of ship owning, ship operating, other shipping related ...